In a surprising turn of events akin to a high-stakes spy thriller, Elon Musk, the richest person in the world, goes by the alias "Voyager" within his security team, as revealed in a report by The New York Times. This revelation sheds light on the extensive security measures Musk implements due to his immense wealth and public standing.
Over the years, Elon Musk's approach to personal security has undergone a significant transformation. Initially maintaining a low-key lifestyle with minimal security, Musk's situation changed as his wealth and prominence grew. By 2014, he had adopted a more robust security protocol, including a rotating team of up to 20 bodyguards, some of whom are armed, and a medical professional dedicated to his protection. This comprehensive security detail underscores Musk's elevated risk profile as the CEO of Tesla and SpaceX, as well as the wealthiest individual globally with a net worth surpassing $250 billion.
The expenses associated with Musk's security operations are substantial. Reports indicate that in January 2016 alone, Musk's security costs exceeded $163,000. Recent figures from Tesla's SEC filings reveal that his security company billed $2.4 million in 2023 and an additional $500,000 through February 2024, underscoring Musk's significant financial commitment to his safety.
In addition to his personal security team, Elon Musk has taken additional precautions to protect his privacy. For instance, in 2022, he reportedly purchased a new residence to avoid public scrutiny of his previous address. The new property is equipped with round-the-clock security, showcasing Musk's proactive approach to safeguarding his personal information and safety.
While Elon Musk stands out for his stringent security measures, other tech magnates also prioritize their safety.Security expenses are a notable trend among key figures in the tech industry. In 2023, Mark Zuckerberg's compensation package at Meta primarily included costs associated with his personal security. Similarly, Apple allocated significant funds towards ensuring the safety and travel needs of CEO Tim Cook, in line with the broader practice seen among top executives. Tesla has also enhanced its security measures in light of threats, such as a specific incident involving former CFO Zachary Kirkhorn. Actions taken by Tesla included stricter identification checks at their facilities and addressing various reported threats to authorities.
